Is there signs before you were let go. Other than total uncertainty of what's going on. My lob is always changing to try and "balance" work for each shift but no one is being hired and managers retiring with no replacement. Lob is lockbox which... — read more
CCAR- Lots of turnover- discuss
Looking at a role in CCAR and I'm hearing there's lots of turnover in that area. Manager playing favorites and not treating people equally ? Any insights?
WF shareholders: Take note of legal action re: Musk's compensation pkg
https://www.washingtonpost.com/technology/2024/01/30/elon-musk-pay-package/ A Delaware judge on Tuesday ruled that Elon Musk’s generous 2018 compensation package, which helped make the tech entrepreneur the world’s richest person, was unfair and... — read more
No bonus
Checked my paystub. No bonus. Was told I'd be eligible but apparently not.
Lead Developer in Midwest
How much should I ask for?
I like that money
today my favorite paystub of the year was visible l. Thank you WF
More reputation washing: Wells Fargo Announces $50 Million Grant to NAACP
https://naacp.org/articles/wells-fargo-announces-50-million-grant-naacp
When were you happiest as an employee of Wells Fargo: working for Stumpf, Sloan or Scharf?
I was happiest working for Stumpf before the news of the scandal broke. Yes it was all an illusion but business was good, bonuses were good, stock was high, managers ran their own departments and it felt like we were all working together as one team... — read more
Bonus
Are displacement employees seeing their bonus in their payslip?
Wells Fargo again asks for dismissal of investors’ class action suit over fake job interviews
An attorney representing Wells Fargo again asked a federal judge Tuesday afternoon to dismiss a class action complaint against the company that claims some employees conducted fake job interviews to get around the company’s diversity... — read more
Isn’t it weird?
When you’re trying to give your life to this company and your CEO gets close to $30 million, please post your daily schedule, Jamie and Charlie.
WIM hubs
Can anyone tell me the location of the WIM Speciality hubs, and if the Bay Area ie San Francisco/Concord are approved locations? The notice simply states a "a handful of approved speciality hubs" but does not name them.
So… Card Services… You good?
Word is Dillards said peace out. That’s a lot of business.
Ok, who's the id--t...
That thought that giving people 2 days notice before a forced transition to VDI was a good idea, when we all know it takes tech at least a week to respond to any request, including putting a stop to something like this? Good lord.
RCSA Bonus
WF is issuing a 20% TVC bonus to those who worked on RCSA in February, but the problem is not everyone is receiving it. If your leader didn’t flag you, you aren’t receiving it. Doesn’t HR have a list of all individuals that worked on this project? I... — read more
early pay day - this week
Because I am sure there will be thousands of people wondering where their paycheck is, if your paycheck this week will be over $10K due to your bonus it will not show up in your bank account until Friday. Early pay day only applies to amounts less... — read more
Cash Balance Lumpsum
In case of a displacement, can you choose to rollover the cash balance lumpsum amount (shown in the cash balance 'model my retirement' page') to an IRA?
Payout of PTO Days
If displaced, I see you get paid any PTO due to you. But what if you went over your PTO and say, used all the PTO for the year before your displacement, so you were negative 4 weeks when displaced?
It doesn’t pay to be too good
Mediocre people get promoted all the time. In fact, I would say that most of the people promoted are mediocre. But their su-k up skills are outstanding. Leaders are often intimidated by people with great skills, so it doesn’t pay to be too... — read more
Department Wide Meeting scheduled for Tuesday morning...
Farewell everyone :')
Allspring Global Investment Layoffs coming
Why bother when CEO is never around? Why bother when business is crashing? Why bother to hire when it’s only short term? Why bother to show up on Squawk Box? Why bother to expand when it’ll go under? Why bother to be fake? Why bother to... — read more
Retirement
How much notice is required if one decides to retire? I’ve read the “preparing to retire” handbook and it doesn’t really say. My boss and I get along well, but I have had it with this place and want to leave. I am old enough to retire under one of... — read more
What can you do if your performance review contains inaccurate info?
I know that the company is doing the forced ranking system and what the end goal is, but I have several comments that are lies/fabricated on my performance review. The writing is on the wall and I’m already looking externally. Just doesn’t sit well... — read more
Sometimes I wish this place would put me out of my misery
This place honestly su-ks. I continue to work here because I can’t find a job that’ll pay me as much money, but Jesus Christ… I sometimes question if the fat paycheck is worth all of the id--tic garbage that we’re forced to deal with. This place is a... — read more
Can you get fired for what you say in your displacement interview and lose your package?
I'm a 22 year veteran of this company going back to the original Wachovia blue days. I can read the writing on the wall to see a displacement coming soon. If I tell my boss what I really think of them in the displacement conversationcan I lose my... — read more
Do managers ever get laid off!?!
It’s seems like only worker bees get canned, never management!
Stock performance under Charlie vs. stock performance under Jamie: FLAT vs. ⬆️ 42%
Charlie joined Wells Fargo on October 21, 2019 WFC stock price on Oct 21, 2019: 50.46 WFC stock price today: 50.32 🔻.14 (flat) JPM stock price on Oct 21, 2019: 121 JPM stock price today: 172.28 ⬆️ 51.28 (+ 42%)
Too many mediocre workers think they should be rated above meets
It boggles my mind how many of my employees barely put in any effort and then complain at review time when I don’t rate them above a meets (or promote them). If you have chosen to do the minimal amount necessary to avoid getting fired (I can actually... — read more
New Salary
Anyone know when new salaries will be reflected on workday?
Why so many Off Topic posts not pertaining to Layoffs
There sure is alot of S__t tossed against the wall not pertaining to the stated purpose of this website. I guess no one monitors.
Charlie raise for 2024
Charlie got 29 mil for 2024 something is wrong
11,300 Layoffs in 2023 and much more to come in 2024
https://www.ustopbank.com/2024/01/wells-fargo-layoffs-2024-what-we-know.html
You all know that McKinsey & Co is running the bank right?
They are a global management consulting firm who Charlie and the BOD pay billions of dollars to every year. McKinsey is driving the stagecoach while The Old Boys Club sits back and collect their bloated salaries. Interesting that none of our... — read more
Displaced this week, how can I see bonus amount?
I was displaced this week, how can I access my bonus amount? I'm only able to see prior years.
Lubbock
Y’all think Lubbock will be safe?
Your a president, she's a president, everybody is a president (of some sort)
Explain to me why everyone needs a title... no extra $$, no benefits, no bonus.... so, what's the "title" for?
Employee Relations Layoff
Lots of lays offs with employee relations effective next week
Risk can't be managed because independent risk management isn't independent!
It's all smoke and mirrors folks. We keep laying off low level support employees in spirit of efficiencies because that's what Wall St. likes to hear. But the real fat and waste is in layers and layers of lazy and corrupt managers making huge... — read more
No review, no comp conversation
I think boss forgot about doing year end reviews and comp conversations. They have until Tuesday but come on! Nothing scheduled - no communication. This is crazy!